Arion banki hf
Arion banki hf. provides various financial services to individuals, corporates, and investors in Iceland and internationally. The company operates through three segments: Retail Banking, Corporate and Investment Banking, and Markets and Stefnir. The Retail Banking segment offers financial services, which include deposits and loans, savings, payment cards, pensions, insurance, securities, and fund… Read more
Arion banki hf (ARION-SDB) - Net Assets
Latest net assets as of September 2025: Skr213.08 Billion SEK
Based on the latest financial reports, Arion banki hf (ARION-SDB) has net assets worth Skr213.08 Billion SEK as of September 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (Skr1.74 Trillion) and total liabilities (Skr1.53 Trillion). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | Skr213.08 Billion |
| % of Total Assets | 12.25% |
| Annual Growth Rate | 3.9% |
| 5-Year Change | 4.67% |
| 10-Year Change | 2.57% |
| Growth Volatility | 8.86 |
Arion banki hf - Net Assets Trend (2012–2024)
This chart illustrates how Arion banki hf's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Arion banki hf (2012–2024)
The table below shows the annual net assets of Arion banki hf from 2012 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | Skr207.09 Billion | +3.91% |
| 2023-12-31 | Skr199.30 Billion | +6.04% |
| 2022-12-31 | Skr187.96 Billion | -3.41% |
| 2021-12-31 | Skr194.60 Billion | -1.64% |
| 2020-12-31 | Skr197.84 Billion | +4.22% |
| 2019-12-31 | Skr189.82 Billion | -5.49% |
| 2018-12-31 | Skr200.86 Billion | -11.02% |
| 2017-12-31 | Skr225.73 Billion | +6.79% |
| 2016-12-31 | Skr211.38 Billion | +4.70% |
| 2015-12-31 | Skr201.89 Billion | +24.46% |
| 2014-12-31 | Skr162.21 Billion | +11.91% |
| 2013-12-31 | Skr144.95 Billion | +10.75% |
| 2012-12-31 | Skr130.88 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to Arion banki hf's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have grown by 265.1% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | Skr186.95 Billion | 90.50% |
| Common Stock | Skr1.51 Billion | 0.73% |
| Other Comprehensive Income | Skr1.35 Billion | 0.66% |
| Other Components | Skr16.77 Billion | 8.12% |
| Total Equity | Skr206.58 Billion | 100.00% |
Arion banki hf Competitors by Market Cap
The table below lists competitors of Arion banki hf ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
CSSC Steel Structure Engineering Co Ltd
SHG:600072
|
$1.68 Billion |
|
Sino-American Silicon Products
TWO:5483
|
$1.68 Billion |
|
CHUGOKU EL. PWR
F:59K
|
$1.68 Billion |
|
GalaxyCore Inc
SHG:688728
|
$1.68 Billion |
|
First Commonwealth Financial
NYSE:FCF
|
$1.68 Billion |
|
Marriott Vacations Worldwide Corporation
F:M8V
|
$1.68 Billion |
|
Shanghai DZH Ltd
SHG:601519
|
$1.68 Billion |
|
Magnite Inc
NASDAQ:MGNI
|
$1.68 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Arion banki hf's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 198,798,000,000 to 206,582,000,000, a change of 7,784,000,000 (3.9%).
- Net income of 26,111,000,000 contributed positively to equity growth.
- Dividend payments of 13,058,000,000 reduced retained earnings.
- Share repurchases of 12,452,000,000 reduced equity.
- New share issuances of 6,482,000,000 increased equity.
- Other comprehensive income decreased equity by 1,519,000,000.
- Other factors increased equity by 2,220,000,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | Skr26.11 Billion | +12.64% |
| Dividends Paid | Skr13.06 Billion | -6.32% |
| Share Repurchases | Skr12.45 Billion | -6.03% |
| Share Issuances | Skr6.48 Billion | +3.14% |
| Other Comprehensive Income | Skr-1.52 Billion | -0.74% |
| Other Changes | Skr2.22 Billion | +1.07% |
| Total Change | Skr- | 3.92% |
Book Value vs Market Value Analysis
This analysis compares Arion banki hf's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
- Current price-to-book ratio: 0.10x
- The company is trading below its book value, potentially indicating the market believes the assets are overvalued on the balance sheet or anticipates future losses.
- The price-to-book ratio has decreased from 0.22x to 0.10x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2012-12-31 | Skr63.54 | Skr13.95 | x |
| 2013-12-31 | Skr70.04 | Skr13.95 | x |
| 2014-12-31 | Skr83.27 | Skr13.95 | x |
| 2015-12-31 | Skr99.89 | Skr13.95 | x |
| 2016-12-31 | Skr109.44 | Skr13.95 | x |
| 2017-12-31 | Skr112.80 | Skr13.95 | x |
| 2018-12-31 | Skr109.03 | Skr13.95 | x |
| 2019-12-31 | Skr104.83 | Skr13.95 | x |
| 2020-12-31 | Skr114.73 | Skr13.95 | x |
| 2021-12-31 | Skr114.75 | Skr13.95 | x |
| 2022-12-31 | Skr118.85 | Skr13.95 | x |
| 2023-12-31 | Skr130.36 | Skr13.95 | x |
| 2024-12-31 | Skr145.79 | Skr13.95 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Arion banki hf utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 12.64%
- The company shows good efficiency in utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 17.11%
- • Asset Turnover: 0.09x
- • Equity Multiplier: 7.83x
- Recent ROE (12.64%) is above the historical average (10.88%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2012 | 11.82% | 34.73% | 0.05x | 7.09x | Skr2.31 Billion |
| 2013 | 9.01% | 29.15% | 0.05x | 6.70x | Skr-1.39 Billion |
| 2014 | 17.79% | 37.07% | 0.08x | 5.81x | Skr12.52 Billion |
| 2015 | 21.77% | 49.81% | 0.08x | 5.24x | Skr22.69 Billion |
| 2016 | 10.01% | 24.76% | 0.08x | 4.91x | Skr25.80 Million |
| 2017 | 6.38% | 19.23% | 0.07x | 5.09x | Skr-8.16 Billion |
| 2018 | 3.55% | 9.35% | 0.07x | 5.80x | Skr-12.96 Billion |
| 2019 | 0.58% | 1.45% | 0.07x | 5.70x | Skr-17.87 Billion |
| 2020 | 6.31% | 17.32% | 0.06x | 5.93x | Skr-7.29 Billion |
| 2021 | 14.75% | 35.71% | 0.06x | 6.78x | Skr9.21 Billion |
| 2022 | 13.85% | 26.39% | 0.07x | 7.82x | Skr7.21 Billion |
| 2023 | 12.96% | 18.04% | 0.09x | 7.67x | Skr5.88 Billion |
| 2024 | 12.64% | 17.11% | 0.09x | 7.83x | Skr5.45 Billion |
Industry Comparison
This section compares Arion banki hf's net assets metrics with peer companies in the Banks - Regional industry.
Industry Context
- Industry: Banks - Regional
- Average net assets among peers: $1,485,901,667
- Average return on equity (ROE) among peers: 18.21%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Arion banki hf (ARION-SDB) | Skr213.08 Billion | 11.82% | 7.17x | $1.68 Billion |
| Avanza Bank Holding AB (publ) (AZA) | $794.00 Million | 24.31% | 70.33x | $3.52 Billion |
| Norion Bank (NORION) | $2.58 Billion | 11.63% | 4.84x | $154.57 Million |
| TF Bank AB (TFBANK) | $1.08 Billion | 18.71% | 8.42x | $377.32 Million |